Should I buy BTC on 6500, or wait to possibly go even lower?
I would say that almost all those people who sold out their altcoins for buying bitcoins to get free S2X coins would have sold their bitcoins to once again buy cheap altcoins.That's the reason for the price fall.I think that we are already near the bottom price.
So,you could just wait until the price reaches $6500 and then buy without further delay as i hope that bitcoin price would once again start to recover after that.If you delay more than that,then you may miss the train.
Watching some of the trading discussions going on with so-called whalegroups, and there's a popular opinion growing there that this isn't simply about alt leverage. The big Segwit2x guns giving up seems to have fired up the remaining profiteering miners, and some are seeing the hash power transitioning as "proof" that BCH is finally going to get its due.
I'm finding that wisdom hard to digest even wearing my most objective hat. But to bet on Bitcoin to go below $6000 now when it's already firmed up against 6500 would be little more than a gamble. It's as good an entry point as any at this stage.